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Sledgehead

Osborne : Comedic Genius Freudian Slip

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So, the deal is done. Merkel thanked her lucky brooch. Sarkozy passed on the specifics. At 4 am it's hard to remember your acceptance speech. Thank goodness therefore for George Osborne, who, with the benefit of a full nights sleep, managed to deliver his pitch without missing a beat : "Obviously we need to fill in the blanks where the details are."

Probably the most accurate assessment you'll get.

Wonder which aide of his has the balls to ask him whether he meant to get it arsy-tarsy .....

Edited by Sledgehead

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Are you sure he didn't say "fill the banks"?

I particularly liked the way that Cameron's first statement was that they've agreed to give more cash to the banks, and that that bit seemed to go smoothly.

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Are you sure he didn't say "fill the banks"?

100% guaranteed.

Though that would have been better.

Edited by Sledgehead

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The banks have to write off 50% of greek debt.

Was this debt not financed with the bailout money that was created by those in power ? Which banks are they actually talking about and also who are the private investors who are taking losses ?

All these leaders seem so smug but surely throwing more money at a debt problem only prolongs the misery, they say that if they re-capitalise the banks then this will help growth. So the banks lose 50% of one deal and then get more money which they are suppose to lend to businesses at x %, why would they if they have just been shafted ?

Essentially, they have given in to greece's demands and reduced their debt which will probably never be paid anyway. Irish people should lynch their so called politicians who have sold them out lock,stock and barrel. However if they march n mass, start a few fires and threaten to default then surely they are looking at 50% reductions on their debt.

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The banks have to write off 50% of greek debt.

Was this debt not financed with the bailout money that was created by those in power ? Which banks are they actually talking about and also who are the private investors who are taking losses ?

All these leaders seem so smug but surely throwing more money at a debt problem only prolongs the misery, they say that if they re-capitalise the banks then this will help growth. So the banks lose 50% of one deal and then get more money which they are suppose to lend to businesses at x %, why would they if they have just been shafted ?

Essentially, they have given in to greece's demands and reduced their debt which will probably never be paid anyway. Irish people should lynch their so called politicians who have sold them out lock,stock and barrel. However if they march n mass, start a few fires and threaten to default then surely they are looking at 50% reductions on their debt.

no, the banks are to write of the Greek Assets they hold.

Thats why they need a bailout....they were overvaluing them to pass the stress tests.

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Perhaps, he was thinking about the cheques he will be writing?

:lol:

You so need to tweet this in some place where a press conference journo gets to ask it directly to Georgie.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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